Officials in charge of the relevant departments of the China Banking Regulatory Commission respond to questions from journalists on the "Commercial Bank Market Risk Management Measures."

According to the app of Securities Times, on June 20th, relevant officials of the China Banking and Insurance Regulatory Commission answered questions from reporters on the "Commercial Bank Market Risk Management Measures." The officials stated that the Measures have put forward new requirements for market risk management, which will help enhance the operational resilience of banks. Firstly, it will help banks to have a clearer understanding of the relationship between market risk and interest rate risk on bank balance sheets, further strengthen market risk management awareness, improve the professional capabilities and levels of market risk management. Secondly, it will help banks to further optimize the market risk governance structure and policy procedures, improve risk preferences and risk limit systems, solidify the data system foundation, strengthen internal controls and audits, and enhance the refinement of market risk management. Thirdly, it will help banks closely integrate the implementation of the "Capital Regulations" with market risk management, and conduct internal model validation and effectiveness monitoring effectively.